# \[Proposal\] New Strategy(ies) for WBTC v2 Vault

**URL:** <https://gov.yearn.fi/t/proposal-new-strategy-ies-for-wbtc-v2-vault/10346>\
**Category:** Vaults\
**Created:** [4 April 2021 20:42 UTC](https://gov.yearn.fi/t/proposal-new-strategy-ies-for-wbtc-v2-vault/10346 "2021-04-04T20:42:27Z")\
**Posts on this page:** 4\
**Page:** 1

<div class="post-metadata">

**Author:** ![icyponds](https://avatars.discourse-cdn.com/v4/letter/i/13edae/32.png) [@icyponds](https://gov.yearn.fi/u/icyponds)\
**Post date:** [4 April 2021 20:42 UTC](https://gov.yearn.fi/t/proposal-new-strategy-ies-for-wbtc-v2-vault/10346/1 "2021-04-04T20:42:28Z")

</div>

## **Summary**

New strategy for v2 WBTC vault that deposits BTC into v1 oBTC Curve Vault.

## **Background**

The v2 WBTC vault can have 20 concurrent strategies but is only leveraging one, yielding only ~5% at time of writing.

## **Motivation**

The v1 Curve BTC vaults, specifically oBTC, have significantly better yield than the current v2 WBTC vault. This would allow for higher yields for the v2 vault.

## **Specification**

Take WBTC from WBTC v2 vault and put it into oBTC v1 Curve vault. This would essentially be a copy of the StrategysteCurveWETHSingleSided currently being used in the v2 WETH vault ([https://etherscan.io/address/0x2886971eCAF2610236b4869f58cD42c115DFb47A#code](https://etherscan.io/address/0x2886971eCAF2610236b4869f58cD42c115DFb47A#code)), but for WBTC.

I tried modifying the contract from the StrategysteCurveWETHSingleSided strategy, but my completely mediocre Solidity skills meant I was unable to figure out some of the intricacies.

Ideally there would be a separate strategy for every high-yielding v1 BTC vault. This would allow users to have less funds at risk if one of the pegs breaks compared to depositing all of their funds into one v1 vault.

---

<div class="post-metadata">

**Author:** ![Dark](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.yearn.fi/dark/32/307_2.png) [@Dark](https://gov.yearn.fi/u/Dark)\
**Post date:** [8 April 2021 04:00 UTC](https://gov.yearn.fi/t/proposal-new-strategy-ies-for-wbtc-v2-vault/10346/2 "2021-04-08T04:00:42Z")

</div>

Sounds like a good idea to me.

---

<div class="post-metadata">

**Author:** ![icyponds](https://avatars.discourse-cdn.com/v4/letter/i/13edae/32.png) [@icyponds](https://gov.yearn.fi/u/icyponds)\
**Post date:** [8 April 2021 20:10 UTC](https://gov.yearn.fi/t/proposal-new-strategy-ies-for-wbtc-v2-vault/10346/3 "2021-04-08T20:10:11Z")

</div>

Not really sure how to go about having it implemented since I don’t have the coding skills, but thought I’d throw the idea out there for someone who actually knows what they’re doing to implement!

---

<div class="post-metadata">

**Author:** ![system](https://europe1.discourse-cdn.com/flex013/uploads/yearn/original/2X/9/9ae7183c96201b2e9a60ad06d0d7664a3e90aeb0.png) [@system](https://gov.yearn.fi/u/system)\
**Post date:** [15 April 2021 20:10 UTC](https://gov.yearn.fi/t/proposal-new-strategy-ies-for-wbtc-v2-vault/10346/4 "2021-04-15T20:10:25Z")

</div>

This topic was automatically closed 7 days after the last reply. New replies are no longer allowed.